WESTERN HOME GROUP

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

PATRICK O'LEARY

Phone

3192772141

Tax Period

2023-01-01 to 2023-12-31

WESTERN HOME GROUP, founded in 2011, is a mid-sized nonprofit in the Housing & Shelter sector that reported $39.4M in total revenue in fiscal year 2023.

Mission

TO ASSERTIVELY CREATE FULFILLING LIFESTYLES FOR SENIORS, THEIR FAMILIES, AND OUR EMPLOYEES.

Program Service Accomplishments

Program 1

Expenses: $28,967,793 Revenue: $38,362,587

PROVIDED PERSONAL CARE SUCH AS BATHING, DRESSING, MEAL PREPARATION, LIGHT HOUSEKEEPING, AND ERRAND RUNNING FOR ELDERLY AND POST-HOSPITAL PATIENTS IN THE CEDAR FALLS/WATERLOO AREA. ALSO OFFERED...

PROVIDED PERSONAL CARE SUCH AS BATHING, DRESSING, MEAL PREPARATION, LIGHT HOUSEKEEPING, AND ERRAND RUNNING FOR ELDERLY AND POST-HOSPITAL PATIENTS IN THE CEDAR FALLS/WATERLOO AREA. ALSO OFFERED COMPASSIONATE CARE AND SERVICES FOR SENIORS THROUGH THE OPERATION OF THE STANARD FAMILY ASSISTED LIVING CENTER, THE WINDHAVEN ASSISTED LIVING CENTER, MADRID HOME FOR THE AGING, CREEKSIDE, INC, LUTHERAN HOMES FOR THE AGING, WHSN, INC. AND MULTIPLE INDEPENDENT LIVING CENTERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $214,158

Program Service Revenue $38,362,587

Investment Income $824,412

Other Revenue $0

TOTAL REVENUE $39,401,157

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,392,006

Fundraising Expenses $0

Program Expenses $28,967,793

Other Expenses $29,183,574

TOTAL EXPENSES $42,575,580

Year-over-Year Comparison

	2023	2022	Change
Revenue	$39,401,157	$36,602,543	+0.1%
Expenses	$42,575,580	$42,487,356	+0.0%
Net Income	$-3,174,423	$-5,884,813	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

282

Volunteers

678

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,581,626

Total Directors

$492,360

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRIS HANSEN	CHIEF EXECUTIVE OFFICER	1.00	Officer Director	$0	$42,357	$492,360
SARAH BROWN	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
RONALD GAINES	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LARRY FOX	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
GREG SCHMITZ	TREASURER	1.00	Officer Director	$0	$0	$0
DR RICHARD FRANKHAUSER	SECRETARY	1.00	Officer Director	$0	$0	$0
NAFISSA EGBUONYE	DIRECTOR	1.00	Director	$0	$0	$0
DIANNE SCHULTZ	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY SWANSON	EXECUTIVE ASSISTANCE	1.00	Director	$0	$0	$0
PAT O'LEARY	CSO	1.00	Officer	$0	$39,871	$352,010
JERRY HARRIS	CHIEF OPERATING OFFICER	1.00	Officer	$0	$39,247	$282,139
DARRELL MCCORMICK	DCO	1.00	Officer	$0	$47,857	$270,842
WENDY AGER	OPERATIONS SR DIRECTOR	1.00	Officer	$0	$8,147	$184,275
ANGELA CHRISTENSON	ASSISTANT DIRECTOR OF NURSING	40.00	Highest	$125,530	$10,612	$136,142
TARYN WILLBEE	RN	40.00	Highest	$106,981	$12,485	$119,466
SCOTT KRAMER	ADMINISTRATOR	40.00	Highest	$104,901	$4,794	$109,695
SADIE FUSON	SCHEDULING CLINICAL ED COORDINATOR	40.00	Highest	$100,381	$4,110	$104,491

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$39,401,157	$42,575,580	$179,847,474	$-3,174,423
2022	$36,602,543	$42,487,356	$172,460,536	$-5,884,813
2021	$41,691,659	$44,042,040	$172,352,897	$-2,350,381
2020	$25,525,391	$26,557,112	$131,510,034	$-1,031,721
2019	$24,902,636	$25,423,209	$129,494,821	$-520,573
2018	$26,601,451	$27,545,230	$130,740,299	$-943,779